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Daily Market Analysis 22|05|2020: EURUSD

Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09016 with take profit at 1.08836 Alternative scenario: Buy position is envisaged if price trades above 1.09260 with take profit at 1.09377 Fundamentals:ECB Monetary Policy Meeting Accounts (EUR) 12:30 pm Comment: The Greenback traded higher yesterday against an array of other currencies, the Euro inclusive and given that previous data released from the Eurozone has …

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Daily Market Analysis 04|05|2020: EURUSD

Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09209 with take profit at 1.08970 Alternative scenario: Buy position is envisaged if price trades above 1.09494 with take profit at 1.09649 Fundamentals:No major economic data expected today Comment: The statement by the White House pinning blame on China for the outbreak of the novel …

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